Herbal Sleep Aid Supplement Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Melatonin, Chamomile, Valerian, Lavender, Tryptophan, and Others), By Form (Capsules, Tablets, Powder, Soft Gels, and Liquid), By Distribution Channel (Pharmacies & Drug Stores, Online, and Supermarkets), By End User (Adults, Geriatric, and Children), By Region and Competition 2018-2028

  • Industry : Healthcare
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Summary

Report Description

Global herbal sleep aid supplement market is expected to show a robust growth during the forecast period. The growth can be attributed to the growing number of insomnia cases, increasing prevalence of obstructive sleep apnea, increasing demand for medication including herbal medicines due to unhealthy lifestyle, and rising geriatric population. There are numerous possible consequences to not obtaining enough or poor-quality sleep. The most noticeable issues are exhaustion and low energy, impatience, and difficulty in concentration. Sleep issues are frequently associated with symptoms of depression or anxiety. Sleep deprivation and excessive sleep are connected to a variety of chronic health issues, including heart disease and diabetes. Sleep difficulties can be a symptom of medical and neurological issues such as congestive heart failure, osteoarthritis, and Parkinson's disease.

About one-third of people suffer symptoms of insomnia, and 6-10% match the criteria for insomnia disorder. The most common sleep condition is insomnia, which involves difficulty in falling or staying asleep. Approximately 10-15% report issues with daytime functioning, and 6-10% symptoms severe enough to fulfil criteria for insomnia disorder. An estimated 40-50 percent of people who suffer from sleeplessness have another mental illness.

Growing Number of Insomnia Disorders
The demand for herbal sleep aid supplements has been steadily increasing in recent years, as more and more people are looking for natural alternatives to help them with sleep disorders. There are a number of reasons for people who are increasingly seeking out herbal sleep supplements, including concerns about the potential side effects of prescription sleep medication, a desire for natural alternatives, and a growing awareness of the importance of sleep for overall health and wellbeing.

  • According to a survey by SingleCare, 30% of survey respondents have a sleep issue (SingleCare, 2021).
  • A sleep disorder affects 50 to 70 million adults in the United States (American Sleep Association [ASA], 2021).
  • Obstructive sleep apnea affects 25 million adults in the United States (ASA, 2021).
  • In the United States, 30% to 40% of adults report symptoms of sleeplessness at some point during the year (American Journal of Managed Care, 2020).

According to the National Sleep Foundation's 2020 Sleep in America Poll, almost one-third of U.S. adults do not receive the required seven to nine hours of sleep per night. Chronic sleep deprivation can lead to a variety of health problems, including depression, a weakened immune system, and perhaps Alzheimer's disease.

However, pharmacy aisles have an overwhelming selection of sleep remedy supplements, and unlike pharmaceutical manufacturers, supplement producers are not forced to follow FDA restrictions regarding product claims and efficacy.

According to biomolecules and therapeutics, natural sleep aids have the ability to treat mild to moderate insomnia and sleep problems. These items range from over-the-counter herbal, vitamin, and mineral supplements to elements already present in the body that may have sleep-promoting properties, such melatonin.

Natural sleep aids offer less negative side effects than many pharmaceutical medicines commonly given for insomnia, such as barbiturates, which can lead to regular usage or addiction. Natural sleep aids may be preferred by those with mild or recurrent insomnia because they have no negative side effects. However, it is imperative to continue researching the workings, effectiveness, and side effects of several natural sleep aids.


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Increasing Demand for Medication is Due to Unhealthy Lifestyles
For the past few years there have been growing popularity of herbal sleep supplements due to natural alternatives to pharmaceutical sleep aids as most of the pharmaceutical drugs for sleep disorders are not available over the counter and requires prescription. Many people are concerned about the potential side effects of prescription sleep medication which usually comes in high dosage forms, which can include dizziness, nausea, and even addiction. In contrast, herbal sleep supplements are made from natural ingredients, and are generally considered to be safe and non-habit-forming. This can be especially appealing for people who are looking for a natural solution to their sleep problems.

In addition to concerns about side effects, many people turn to herbal sleep supplements because of their ease of use. Herbal sleep supplements are often available in convenient forms, such as capsules, tablets, and teas, making them easy to integrate into a daily routine. This can be important, especially for people who are busy or have demanding schedules, as they may not have the time or energy to prepare more complex natural remedies. Another factor driving the demand for herbal sleep supplements is the growing interest in natural health and wellness. Many people are becoming more interested in natural remedies and alternative therapies and are turning to herbal sleep supplements as part of a holistic approach to maintaining health and wellbeing. This can include everything from practicing yoga and meditation to taking supplements and eating a healthy diet.

There is a growing awareness of the importance of sleep for overall health and wellbeing. Getting enough sleep is essential for maintaining physical and mental health and can have major impact on everything from mood and energy levels to cognitive function and immune system function. As people become more aware of the importance of sleep, they are increasingly seeking out natural remedies and supplements. Moreover, the availability of wide range of herbal sleep aid supplements in online stores and applications is another factor which is driving the growth of the global herbal sleep aid supplement market. Online applications offer access to a wider range of products than brick-and-mortar stores, as they are not limited by physical constraints.

Increasing Investment in Start-up Companies
Many start-ups are focusing on niche areas like, herbal sleep supplement market, such as products that target specific sleep disorders or populations, such as children or older adults. Start-ups are increasingly emphasizing the use of natural ingredients and formulations that are free from artificial additives and preservatives.

For instance, a revolutionary mushroom-powered coffee and a soothing pre-sleep powder have been developed by Space Goods, a functional mushroom business with its headquarters in London, UK. The company has a number of other sleep aid supplement products in its pipeline.

Proper, a startup company with headquarters in New York, received $9.5 million in funding to introduce its line of natural sleeping pills.

Another startup company, Remrise raised $8.2 million to provide personalized, plant-based sleep aids. The latest upstart is in the competition for a better night's sleep that has already raised $8.2 million in early capital under the direction of Founders Fund. By combining conventional herbal supplements with better sleep hygiene, the service aims to wean users off of prescription sleep aids. With the use of sleep monitors (like Fitbits or Apple Watches) and sleep clinics, the company has already started a pilot study with 90 participants and intends to expand it to a larger study involving roughly 400 participants.

Increase in Geriatric Population Across the World
Early awakening and sleep maintenance insomnia are more common complaints in elderly people than sleep onset insomnia, perhaps as a result of age-related changes in sleep architecture and circadian rhythm.  Older people often get less hour of night sleep than younger people do.

Adults frequently experience sleep difficulties, which can be attributed to a variety of things, such as poor sleep hygiene, concomitant diseases, caffeine, cigarette, and alcohol usage. Subject to, who has sleep abnormalities are evaluated for sleep apnea syndrome (SAS), rapid eye movement (REM) sleep behavior disorder (RBD), restless legs syndrome (RLS), and psychiatric illnesses such as depression and anxiety.

A study that was released in PubMed reveals an epidemiological study conducted in Japan found that the prevalence of insomnia was 21.4% when it was defined as having at least one episode of trouble falling asleep (8.3%), staying asleep (15.0%), or waking up early (8.0%). More than half of older persons’ experience sleeplessness, and these patients frequently receive insufficient care. It is estimated that 58 percent of elderly individuals experience sleeplessness each year. The prevalence of excessive daytime drowsiness, measured as a self-reported experience of excessive daytime sleepiness "always" or "often" among five alternatives, was 2.5% in a significant epidemiological study involving 28,714 people.

Market Segmentation
The global herbal aid supplement market is segmented by product, form, distribution channel, end user, competitive landscape, and region. Based on product, the market is fragmented into melatonin, chamomile, valerian, lavender, tryptophan, and others. Based on form, the market is segmented into capsules, tablets, powder, soft gels, and liquids. Based on distribution channel, the market is segmented into pharmacies & drug stores, online, and supermarkets. Based on the end user, the market is segmented into adults, geriatric, and children.

Market Players
Nature Made (Pharmavite LLC), Zenwise Health LLC, Vicks ZzzQuil (P&G), Source Naturals, Inc., Natrol Inc., Unived, Gaia Herbs Inc., Enzymatic Therapy, Inc., Thorne Research, Inc., GNC Inc. are among the major market players operating in the Global Herbal Sleep Aid Supplement Market.

Attribute

Details

Base Year

2022

Historical Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Product

Form

Distribution Channel

End User

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Canada, Mexico, France, United Kingdom, Italy, Germany, Spain, China, India, Japan, Australia, South Korea, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Kuwait

Key companies profiled

Nature Made (Pharmavite), Zenwise Health, Vicks ZzzQuil (P&G), Source Naturals, Inc., Natrol Inc., Unived, Gaia Herbs Inc., Enzymatic Therapy, Inc., Thorne Research, Inc., GNC Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Report Scope:
In this report, global herbal sleep aid supplement market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Herbal Sleep Aid Supplement Market, By Product:

o   Melatonin

o   Chamomile

o   Valerian

o   Lavender

o   Tryptophan

o   Others

·         Herbal Sleep Aid Supplement Market, By Form:

o   Capsules

o   Tablet

o   Powder

o   Soft Gels

o   Liquids

·         Herbal Sleep Aid Supplement Market, By Distribution Channel:

o   Pharmacies & Drug Stores

o   Online

o   Supermarkets

·         Herbal Sleep Aid Supplement Market, By End User:

o   Adults

o   Geriatric

o   Children 

·         Herbal Sleep Aid Supplement Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global herbal sleep aid supplement market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global herbal sleep aid supplement market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Global Herbal Sleep Aid Supplement Market Outlook

4.1.  Market Size & Forecast

4.1.1.     By Value

4.2.  Market Share & Forecast

4.2.1.     By Product (Melatonin, Chamomile, Valerian, Lavender, Tryptophan, Others)

4.2.2.     By Form (Capsules, Tablets, Powder, Soft Gels, Liquids)

4.2.3.     By Distribution Channel (Pharmacies & Drug Stores, Online, Supermarkets)

4.2.4.     By End User (Adults, Geriatric, Children)

4.2.5.     By Company (2022)

4.2.6.     By Region

4.3.  Product Market Map

4.3.1.     By Product

4.3.2.     By Form

4.3.3.     By Distribution Channel

4.3.4.     By End User

4.3.5.     By Region

5.    North America Herbal Sleep Aid Supplement Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Product (Melatonin, Chamomile, Valerian, Lavender, Tryptophan, Others)

5.2.2.     By Form (Capsules, Tablets, Powder, Soft Gels, Liquids)

5.2.3.     By Distribution Channel (Pharmacies & Drug Stores, Online, Supermarkets)

5.2.4.     By End User (Adults, Geriatric, Children)

5.2.5.     By Country

5.3.  North America: Country Analysis

5.3.1.     United States Herbal Sleep Aid Supplement Market Outlook

5.3.1.1.         Market Size & Forecast

5.3.1.1.1.             By Value

5.3.1.2.         Market Share & Forecast

5.3.1.2.1.             By Product

5.3.1.2.2.             By Form

5.3.1.2.3.             By Distribution Channel

5.3.1.2.4.             By End User

5.3.2.     Canada Herbal Sleep Aid Supplement Market Outlook

5.3.2.1.         Market Size & Forecast

5.3.2.1.1.             By Value

5.3.2.2.         Market Share & Forecast

5.3.2.2.1.             By Product

5.3.2.2.2.             By Form

5.3.2.2.3.             By Distribution Channel

5.3.2.2.4.             By End User

5.3.3.     Mexico Herbal Sleep Aid Supplement Market Outlook

5.3.3.1.         Market Size & Forecast

5.3.3.1.1.             By Value

5.3.3.2.         Market Share & Forecast

5.3.3.2.1.             By Product

5.3.3.2.2.             By Form

5.3.3.2.3.             By Distribution Channel

5.3.3.2.4.             By End User

6.    Europe Herbal Sleep Aid Supplement Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product (Melatonin, Chamomile, Valerian, Lavender, Tryptophan, Others)

6.2.2.     By Form (Capsules, Tablets, Powder, Soft Gels, Liquids)

6.2.3.     By Distribution Channel (Pharmacies & Drug Stores, Online, Supermarkets)

6.2.4.     By End User (Adults, Geriatric, Children)

6.2.5.     By Country

6.3.  Europe: Country Analysis

6.3.1.     France Herbal Sleep Aid Supplement Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Product

6.3.1.2.2.             By Form

6.3.1.2.3.             By Distribution Channel

6.3.1.2.4.             By End User

6.3.2.     United Kingdom Herbal Sleep Aid Supplement Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Product

6.3.2.2.2.             By Form

6.3.2.2.3.             By Distribution Channel

6.3.2.2.4.             By End User

6.3.3.     Italy Herbal Sleep Aid Supplement Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Product

6.3.3.2.2.             By Form

6.3.3.2.3.             By Distribution Channel

6.3.3.2.4.             By End User

6.3.4.     Germany Herbal Sleep Aid Supplement Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Product

6.3.4.2.2.             By Form

6.3.4.2.3.             By Distribution Channel

6.3.4.2.4.             By End User

6.3.5.     Spain Herbal Sleep Aid Supplement Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Product

6.3.5.2.2.             By Form

6.3.5.2.3.             By Distribution Channel

6.3.5.2.4.             By End User

7.    Asia-Pacific Herbal Sleep Aid Supplement Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product (Melatonin, Chamomile, Valerian, Lavender, Tryptophan, Others)

7.2.2.     By Form (Capsules, Tablets, Powder, Soft Gels, Liquids)

7.2.3.     By Distribution Channel (Pharmacies & Drug Stores, Online, Supermarkets)

7.2.4.     By End User (Adults, Geriatric, Children)

7.2.5.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Herbal Sleep Aid Supplement Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product

7.3.1.2.2.             By Form

7.3.1.2.3.             By Distribution Channel

7.3.1.2.4.             By End User

7.3.2.     India Herbal Sleep Aid Supplement Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product

7.3.2.2.2.             By Form

7.3.2.2.3.             By Distribution Channel

7.3.2.2.4.             By End User

7.3.3.     Japan Herbal Sleep Aid Supplement Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product

7.3.3.2.2.             By Form

7.3.3.2.3.             By Distribution Channel

7.3.3.2.4.             By End User

7.3.4.     Australia Herbal Sleep Aid Supplement Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Product

7.3.4.2.2.             By Form

7.3.4.2.3.             By Distribution Channel

7.3.4.2.4.             By End User

7.3.5.     South Korea Herbal Sleep Aid Supplement Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Product

7.3.5.2.2.             By Form

7.3.5.2.3.             By Distribution Channel

7.3.5.2.4.             By End User

8.    South America Herbal Sleep Aid Supplement Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product (Melatonin, Chamomile, Valerian, Lavender, Tryptophan, Others)

8.2.2.     By Form (Capsules, Tablets, Powder, Soft Gels, Liquids)

8.2.3.     By Distribution Channel (Pharmacies & Drug Stores, Online, Supermarkets)

8.2.4.     By End User (Adults, Geriatric, Children)

8.2.5.     By Country

8.3.  South America: Country Analysis

8.3.1.     Brazil Herbal Sleep Aid Supplement Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product

8.3.1.2.2.             By Form

8.3.1.2.3.             By Distribution Channel

8.3.1.2.4.             By End User

8.3.2.     Argentina Herbal Sleep Aid Supplement Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product

8.3.2.2.2.             By Form

8.3.2.2.3.             By Distribution Channel

8.3.2.2.4.             By End User

8.3.3.     Colombia Herbal Sleep Aid Supplement Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product

8.3.3.2.2.             By Form

8.3.3.2.3.             By Distribution Channel

8.3.3.2.4.             By End User

9.    Middle East and Africa Herbal Sleep Aid Supplement Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product (Melatonin, Chamomile, Valerian, Lavender, Tryptophan, Others)

9.2.2.     By Form (Capsules, Tablets, Powder, Soft Gels, Liquids)

9.2.3.     By Distribution Channel (Pharmacies & Drug Stores, Online, Supermarkets)

9.2.4.     By End User (Adults, Geriatric, Children)

9.2.5.     By Country

9.3.  MEA: Country Analysis

9.3.1.     South Africa Herbal Sleep Aid Supplement Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product

9.3.1.2.2.             By Form

9.3.1.2.3.             By Distribution Channel

9.3.1.2.4.             By End User

9.3.2.     Saudi Arabia Herbal Sleep Aid Supplement Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product

9.3.2.2.2.             By Form

9.3.2.2.3.             By Distribution Channel

9.3.2.2.4.             By End User

9.3.3.     UAE Herbal Sleep Aid Supplement Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product

9.3.3.2.2.             By Form

9.3.3.2.3.             By Distribution Channel

9.3.3.2.4.             By End User

9.3.4.     Kuwait Herbal Sleep Aid Supplement Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Product

9.3.4.2.2.             By Form

9.3.4.2.3.             By Distribution Channel

9.3.4.2.4.             By End User

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends & Developments

11.1.              Recent Development

11.2.              Mergers & Acquisitions

11.3.              Product Launches

12.  Global Herbal Sleep Aid Supplement Market: SWOT Analysis

13.  Porter’s Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Products

14.  Competitive Landscape

14.1.              Business Overview

14.2.              Product Offerings

14.3.              Recent Developments

14.4.              Financials (As Reported)

14.5.              Key Personnel

14.6.              SWOT Analysis Profiles (SWOT Analysis of Top 5 Players Profiled)

14.6.1.  Nature Made (Pharmavite LLC)

14.6.2.  Zenwise Health LLC

14.6.3.  Vicks ZzzQuil (P&G)

14.6.4.  Source Naturals, Inc.

14.6.5.  Natrol Inc.

14.6.6.  Unived

14.6.7.  Gaia Herbs Inc.

14.6.8.  Enzymatic Therapy, Inc.

14.6.9.  Thorne Research, Inc.

14.6.10.                GNC Inc.

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Factors like growing number of insomnia disorders, rising cases of chronic insomnia, increasing prevalence of Obstructive Sleep Apnea (OSA), and increase in geriatric population are expected to drive the growth of the global herbal sleep aid supplement market in the forecast years.

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Nature Made (Pharmavite LLC), Zenwise Health LLC, Source Naturals, Inc., Natrol Inc., among others are leading the herbal sleep aid supplement market in the forecast period.

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North America is expected to dominate the global herbal sleep aid supplement market due to the demand for herbal alternatives for sleep supplements in the region has been increasing, due to several factors such as high-stress levels, busy lifestyles, and the prevalence of sleep disorders. Additionally, there is a growing trend towards natural and holistic approaches to health and wellness, which has led to an increased demand for herbal and natural sleep aids with many start-up companies emerging from North America region.

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The capsule form of herbal sleep aid supplement is anticipated to dominate the global herbal sleep aid supplement market as compared to other drug forms, capsules provide advantages such as self-administration simplicity, accurate dosage, and focused distribution. Manufacturers have a wide range of dosage choices due to the availability of capsules in various sizes (000 to 5). It is possible to encapsulate a variety of active compounds with the use of few excipients, which enables businesses to sell their goods to consumers who are worried about a product's clean-label status.

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Sakshi Bajaal

Business Consultant
Press Release

Herbal Sleep Aid Supplement Market to Grow at a High CAGR through 2028

Aug, 2023

Increasing sleep disorders and availability of personalized sleep aid supplements is expected to boost the global herbal sleep aid supplement market growth in the forecast period, 2024-2028.

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